Car insurance help!

[ChroniC]

I am trying to get the lowest quote possible and would like a question answered that google isn't helping me with. So was wondering if anyone here knew. Thanks.

With regards to excess. My car is a banger, worth nothing £150 at best, if it takes a knock it's a write off. So my question is.

Does voluntary excess only affect your car in an accident or total cost!

Say for example I hit someone, do I still have to pay the excess amount if I do not want my car fixed. Is it an excess of total cost of fixing both cars or solely mine??

If I put on £1000 excess to lower my premium it isn't going to affect me cause my car is worthless and i'll just scrap it, but I don't want to be hit by a huge bill when dinging a Merc.
Logic would say it's an excess of "Total Final Repair Bill".

 

[Haggisman]

I am trying to get the lowest quote possible and would like a question answered that google isn't helping me with. So was wondering if anyone here knew. Thanks.

With regards to excess. My car is a banger, worth nothing £150 at best, if it takes a knock it's a write off. So my question is.

Does voluntary excess only affect your car in an accident or total cost!

Say for example I hit someone, do I still have to pay the excess amount if I do not want my car fixed. Is it an excess of total cost of fixing both cars or solely mine??

If I put on £1000 excess to lower my premium it isn't going to affect me cause my car is worthless and i'll just scrap it, but I don't want to be hit by a huge bill when dinging a Merc.
Logic would say it's an excess of "Total Final Repair Bill".

You only pay the excess on repairs to your own car, and only if the accident is your fault.

if you look at TPFT, you'll notice there isn't actually an excess. So I guess yes, if you have a car worth £150, you could put a massive excess on there, and effectively use a fully comp policy as TPFT....

Edit: this may not actually make your policy cheaper. I've just run a couple of quotes with £250 excess and £1k excess, the £1k was ~ £400 more!

I guess if they get the impression you don't really give a **** about the car, they think you're more likely to crash it

 

[leigh_boy]

You only pay the excess on repairs to your own car, and only if the accident is your fault.

if you look at TPFT, you'll notice there isn't actually an excess. So I guess yes, if you have a car worth £150, you could put a massive excess on there, and effectively use a fully comp policy as TPFT....

Edit: this may not actually make your policy cheaper. I've just run a couple of quotes with £250 excess and £1k excess, the £1k was ~ £400 more!

I guess if they get the impression you don't really give a **** about the car, they think you're more likely to crash it

i like the logic.. and agree with it. chooseing a 1k excess does not mean your premiums will go down.

 

[Mercenary Keyboard Warrior]

I guess if they get the impression you don't really give a **** about the car, they think you're more likely to crash it

But if you have a higher value car then it will.
The discounts are probably capped for higher excess at a ration of excess to value.
Every insurer takes slightly different views so you get different results wit the same changes on each.

Things that will make a diff, number of drivers (its normally cheaper to have a named driver, find someone low risk like your father or mother or an aunt or something), your job, if its grey exactly what your job is then try descriptions a few and get new quotes, same with the industry you work in, some are specific some are quite vague and a few will in fact fit your industry. If you have access to drive another car see if that increases or decreases your premium.

Where you park it. Used to be garage was cheapest but people often have little scrapes with modern garages being so tiny, if you have choices on parking then see which gives the lowest price. Mine is cheaper declared as park on the road than in residents parking, bizarre.

Insurance is part logic, part experience, park expectation, part marketing = to most completely illogical

 

[Mercenary Keyboard Warrior]

But if you have a higher value car then it will
Every insurer takes slightly different views so you get different results wit the same changes on each.

Things that will make a diff, number of drivers (its normally cheaper to have a named driver, find someone low risk like your father or mother or an aunt or something), your job, if its grey exactly what your job is then try descriptions a few and get new quotes, same with the industry you work in, some are specific some are quite vague and a few will in fact fit your industry. If you have access to drive another car see if that increases or decreases your premium.

Where you park it. Used to be garage was cheapest but people often have little scrapes with modern garages being so tiny, if you have choices on parking then see which gives the lowest price. Mine is cheaper declared as park on the road than in residents parking, bizarre.

Insurance is part logic, part experience, park expectation, part marketing = to most completely illogical

 

[ChroniC]

It is very illogical. I had forgotten that I had my parents on the policy before and that reduced it massively. I actually checked my renewal with my insurer and they have lowered it considerably.

However I am paying £50 personal injury. That's a bit of a gamble removing that, cause it could end very badly :/

You guys were right in the end, adding a huge excess made little to no difference. Probably shouldn't complain at £300

 

[Haggisman]

But if you have a higher value car then it will
Every insurer takes slightly different views so you get different results wit the same changes on each.

Things that will make a diff, number of drivers (its normally cheaper to have a named driver, find someone low risk like your father or mother or an aunt or something), your job, if its grey exactly what your job is then try descriptions a few and get new quotes, same with the industry you work in, some are specific some are quite vague and a few will in fact fit your industry. If you have access to drive another car see if that increases or decreases your premium.

Where you park it. Used to be garage was cheapest but people often have little scrapes with modern garages being so tiny, if you have choices on parking then see which gives the lowest price. Mine is cheaper declared as park on the road than in residents parking, bizarre.

Insurance is part logic, part experience, park expectation, part marketing = to most completely illogical

Correct

Also if possible, get your quote a couple of weeks before the policy is due to start.

Tweaking your estimated mileage can also have interesting results.

And don't put the car's value down as £150 if it's worth more. A more expensive car can actually reduce the premium, so play with the value, and if you can find a comparable car on eBay/Autotrader for that price, then I would say that's a perfectly reasonable estimate of your car's value

 

[ChroniC]

Correct

Also if possible, get your quote a couple of weeks before the policy is due to start.

Tweaking your estimated mileage can also have interesting results.

And don't put the car's value down as £150 if it's worth more. A more expensive car can actually reduce the premium, so play with the value, and if you can find a comparable car on eBay/Autotrader for that price, then I would say that's a perfectly reasonable estimate of your car's value

It's worth millions to me, its a 1995 Honda civic with 145k that has passed it MOT without fail for the last two years straight, shes a peach!!! Doubt the insurers would see it like that though